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Tax filers: If you’re claiming IRA tax credits, then you need this free tool

Baua Electric

Photo: Tesla If you bought an EV or made electric upgrades in 2023, then use this Rewiring America tool to confirm which Inflation Reduction Act (IRA) tax credits you qualify for. The IRA tax credits are new, so it’s good to have a tool to refer to during tax preparation. Tesla drivers, this pertains to you, too.)

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Subaru mistakenly says 2024 Solterra owners are eligible for the $7,500 EV tax credit

Baua Electric

After announcing 2024 Solterra prices and updates, Subaru made a goof on its press release. Subaru mistakenly said some 2024 Solterra owners will qualify for the $7,500 EV tax credit. Despite the upgrades, Subaru kept the starting price the same. Hill confirmed, “The tax credit may be available to those who lease the vehicle.”

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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Tesla cuts prices by $2,000 in US, Model Y back to its lowest price ever

Baua Electric

Tesla has dropped the price of the Model Y, Model S and Model X by $2,000 each in the US. Model 3 prices remain the same, as do prices of the newly-released Cybertruck. After that discount lapsed, it warned buyers ahead of time that prices would increase again by $1,000 at the end of the quarter. Cheapest US Model Y ever?

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California BOE considers lowering gasoline excise tax rate for third year in a row

Green Car Congress

The California State Board of Equalization (BOE) will consider lowering the excise tax rate for gasoline by 2.2 If adopted, the excise tax rate on gas will be 27.8 The current excise tax rate of 30 cents per gallon remains in effect until 30 June 2016. cents per gallon from 1 July 2016 through 30 June 2017.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Indonesian official says current nickel price will benefit miners, smelters – ET Auto

Baua Electric

Indonesian miners and smelters are still making good margins despite the price drop linked to higher nickel processing, and will benefit further from the shift as lower prices support the country’s battery industry, a senior official said on Thursday. “Profitability for miners, smelters, is still okay,” he said.